Updated: 13th March 2013
BANGKOK (Xinhua)- Thailand and Cambodian signed an agreement for the
formation of a joint business council to promote bilateral trade and
investment, Thai News Agency reported on Wednesday.
The memorandum of understanding was officially endorsed on Tuesday
evening by Thai Prime Minister Yingluck Shinawatra and her Cambodian
counterpart Hun Sen on the sidelines of the 5th Summit of Ayeyawady-Chao
Phraya-Mekong Economic Cooperation Strategy (ACMECS) in the Lao PDR
capital.
The Thai premier is in Vientiane to attend the ACMECS summit with
leaders of Lao PDR, Cambodia, Vietnam and Myanmar during which Thailand
will offer to extend assistance to the neighboring countries for joint
trade, industrial, agricultural, energy and tourism development.
The Vientiane Declaration and the ACMECS Operations Plan (2013-2015)
are scheduled to be adopted by leaders of ACMECS member countries today.
Yingluck later held talks with Vietnamese Prime Minister Nguyen Tan
Dung to update on latest development of the Joint Cabinet Retreat
initially agreed by the two countries in October last year, aimed at
upgrading Thai-Vietnamese relationship with the common goal of becoming
strategic partners.
Stressing Thailand's determination to foster bilateral relations, the
Thai prime minister said high-level officials of the Thailand and
Vietnam will meet later this week to discuss issues on politics,
security, economy and communication connectivity.
The Thai-Vietnam business council has been set up with an emphasis on cooperation on rubber, rice and tourism, she said.
Yingluck said Thailand has focused on connectivity development in the Southeast Asian region and sub-region.
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